Korean Air's board approved on March 12 a plan to acquire the remaining 80% stake in Korean Air C&D Service from Hahn & Company. The purchase returns in‑flight catering and onboard duty‑free operations to the carrier after the business had been majority‑owned by the private equity firm.
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Briefing
Korean Air's board approved acquisition of the remaining 80% stake in Korean Air C&D Service on March 12, reuniting in‑flight catering and onboard duty‑free operations with the airline.
The move follows the carrier's recent KRW250 billion bond issue, a near‑term financing action that provides relevant context for corporate cash flow and capital planning (source:52d6851e-4f52-40cf-9242-1b35931416f9).
The transaction arrives amid a planned corporate rebrand and board reshuffle in late Q1 2026, underscoring concurrent governance and strategic changes at the airline (source:6a07eab7-72a0-42c0-8a17-31c4b38fbc9e).
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(DE) Korean Air reacquires catering and duty-free subsidiary • airliners.de
Korean Air to reclaim full ownership of in-flight catering and duty-free operations • Aviation Business News
Korean Air to buy remaining 80% of C&D Service from Hahn & Company, regaining 100% ownership of catering and duty‑free operations • Aircraft Interiors International
Airline Economics
• Calum Wilson